Home investment partnerships program

Federal Grant Award Summary

The City of Springfield, Illinois received a formula grant award of $490,964.29 from the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development under the HOME Investment Partnerships Program (CFDA 14.239) on September 18, 2025, with a completion deadline of September 30, 2034. This award funds affordable housing initiatives including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and rehabilitation of rental housing, and tenant-based rental assistance. All housing assisted through these funds must meet federal income targeting and affordability requirements, with assisted units remaining affordable for 5 to 20 years depending on the activity type and level of HOME program funding contribution.

The City of Springfield's Office of Planning and Economic Development administers this formula allocation as a designated participating jurisdiction, following standard program requirements including submission and HUD review of the city's Consolidated Plan and annual Action Plans within 45 days of receipt. The city must maintain comprehensive records for five years beyond the required affordability period to document compliance with program requirements under 24 CFR Part 91. This funding represents part of the HOME program's broader effort to expand the supply of affordable housing for low and very low-income households nationwide through formula-based annual appropriations to eligible states, cities, urban counties, and consortia.